Business briefs: FedEx CEO’s pay fell 4%
FedEx CEO sees 4% drop in compensation
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FedEx CEO sees 4% drop in compensation
More: continued here
Package delivery company FedEx Corp on Wednesday forecast a record holiday season this year, with 22.6 million shipments expected for its anticipated peak day on Dec. 15. With the rise of e-commerce, FedEx's annual peak has nearly doubled since 2007, when it moved 11.5 million packages on Dec. 17. Last year a later-than-usual surge before…
American Realty Capital Trust Inc. is buying a one-year-old FedEx Freight facility from PinPoint Commercial LP in Houston for approximately $30.9 million. More: continued here
Steve Gelsi, The Associated Press January 25, 2008 – 6:43 p.m. NEW YORK – FedEx Corp. reportedly is in talks to buy all or part of Deutsche Post AG’s DHL delivery business in the U.S., in a deal that would help it challenge larger rival United Parcel Service Inc. More: continued here
Package delivery firm FedEx Express said Wednesday it has raised its shipping capacity to and from Vietnam fivefold by adding new service using an Airbus A310. More: continued here
NEWARK, N.J. – The PGA Tour has decided to move the Barclays, the first leg in the PGA Tour’s FedEx Cup playoffs, from Westchester Country Club in New York. Westchester… More: continued here
Earnings at FedEx dropped 45 percent for the Memphis-based company’s fourth quarter, compared with last year, after accounting for the costs of ‘business realignment’ and retiring aircraft, the company announced Wednesday. More: continued here